Search results
Results from the WOW.Com Content Network
In May 2020 Elliott Management again pushed for Alexion to sell itself, months after the drugmaker had rejected the hedge fund's earlier demand. Elliott argues that Alexion management's actions, including a recent move to acquire Portola Pharmaceuticals for about $1.4 billion, are leading in the "wrong direction." In December, Alexion's board ...
Seeing a turnaround opportunity, Elliott Management, an activist hedge fund with an 11% stake in the $18 billion airline, launched an aggressive campaign earlier this year to push out CEO Bob ...
Paul Elliott Singer (born August 22, 1944) is an American hedge fund manager, activist investor, and the founder, president, and co-CEO of Elliott Management. [1] [2] [3] As of March 2024, Forbes estimated his net worth at US$6.1 billion. [4] Fortune described Singer as one of the "smartest and toughest money managers" in the hedge fund ...
About Elliott Management: Elliott's two funds, Elliott Associates, L.P. and, Elliott International, L.P., together have more than $21 billion of assets under management. Founded in 1977, Elliott ...
Elliott Investment Management now holds 10% of Southwest Airlines' common stock, crossing the threshold that allows the hedge fund to call a special meeting at the carrier, according to a person ...
Jay Newman (born 1951) is an American novelist and a former hedge fund portfolio manager for Elliott Management Corporation who led one of the most notable hedge fund trades in history. His novel about dark money and global politics, Undermoney, was published by Scribner Books in 2022.
Activist hedge fund Elliott Management has amassed a $1.9 billion stake in Southwest Airlines and plans to push for leadership changes at the airline that has lagged big rivals.. The stake makes ...
Elliott Management, which has been highly critical of Southwest in recent months, is pushing for leadership changes and an overhaul of the company’s strategy. Southwest has responded by making ...